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The Latest Breaking News from Deficit

Budget blow as state's child sexual abuse payouts soar

Tasmania's budget deficit for 2023/24 is set to grow fourfold, mainly because of a $571 million increase in payouts to child sexual abuse survivors.

AAP

Carving Out a Tax Cut Just for Tips Doesn't Make More Sense When Kamala Harris Does It

Exempting tips from the federal income tax would add to the deficit and unfairly penalize nontipped workers. It's a bad idea no matter who is pitching it.

Reason

Richard Murphy: Why GERS is inherently biased against Scotland

IT is GERS day – the one when the Scottish Government publishes data that seems deliberately designed to provide the very worst view of…

The National (Scotland)

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Team USA Maintains Lead Over France In Tense Basketball Match

In a closely contested basketball match, the French team faces a six-point deficit against Team USA with time running out.

Top News

Adelaide festival to post 2024 deficit despite $2.3m boost from SA government

Spokesperson says losses will be revealed in next month’s financials and the festival has access to reserves to fund next year’s program

The Guardian - AU

Serbia On Verge Of Historic Upset Against Team USA

Team USA faces a challenging deficit against Serbia in a crucial Olympic basketball match, risking a potential upset.

Top News

Nikola Jokic’s Huge Game Helps Serbia Rally Back to Beat Australia in OT Thriller

Serbia won in overtime after facing a 24-point deficit.

Sports Illustrated

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US Trade Gap Narrows Less Than Expected In June

The US trade deficit narrowed slightly less than analysts anticipated in June, according to government data released Tuesday, helped by an uptick in exports.

International Business Times

Who needs weights? This 5-move bodyweight workout boosts core strength and torches every major muscle group

You don't need weights to target every major muscle group, build core strength and boost your metabolism, just this five-move bodyweight created by a personal trainer.

Tom’s Guide

Morocco Takes Lead Against Team USA In Quarterfinal Match

Moroccan striker Rahimi's penalty kick puts Team USA at a 1-0 deficit in the quarterfinal match. Can the Americans stage a comeback?

Top News

University finances are in a perilous state – it’s the result of market competition and debt-based expansion

The higher education sector in the UK is in financial crisis. Over 60 institutions have announced severance or redundancy programmes, and around 40% expect to be in deficit in 2023-24.

The Conversation

France's Lavish State Dinners Overspend, EU Issues Warning

France's extravagant state dinner for King Charles III of England incurred a €475,000 expense, contributing to a budget deficit and EU criticism.

Top News

Proportional representation? The House of Lords is the best place to start

Letters: Former Labour MP Liz McInnes says a House of Lords elected by PR would address the democratic deficit at the heart of government. Plus a letter from Rosanne Bostock

The Guardian - UK

French state to bail out New Caledonia electricity provider

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

Radio France Internationale

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The Guardian - UK

Greening the desert: is Sisi’s grand plan using up all of Egypt’s water?

The ‘Future of Egypt’ envisages turning tracts of desert into farmland to grow crops for exports. But with sky-high food price inflation and a water deficit, critics doubt it is viable

International Business Times

Hong Kong Young Fencers Draw Inspiration From Olympic 'Sword Queen'

Twelve-year-old Hong Kong fencing beginner Lloyd got a new role model over the weekend -- "Sword Queen" Vivian Kong Man-wai, who clawed back a 7-1 deficit in the women's epee final to win Olympic gold in Paris.

USAFacts

How has the federal budget changed over time?

In fiscal year 2023, federal spending remained higher than before the pandemic.

France 24

EU reprimands France and six other EU countries for breaking budget rules

The European Council on Friday launched formal action against France, Italy and five other EU countries for breaking the bloc's budget rules, kickstarting a procedure forcing them to negotiate a plan with Brussels to get their deficit levels back on track.

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news in one place.

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The Independent UK

UNICEF warns of $23 million deficit in Haiti's education system as it announces grant

Schools in Haiti’s capital and beyond are crumbling as gang violence deepens poverty and disrupts basic government services as the state education system faces a $23 million deficit

Reason

Congressional Budget Office Estimates Recent Increase in Immigration will Reduce the Budget Deficit

A new CBO report concludes it will save the federal government almost $1 trillion over the next ten years.

The Times of India

5 bedtime Yoga asanas to beat stress, boost sleep quality

It is rightly said how you feel during the day depends on how you sleep at night. Insufficient or lack of good quality sleep has been linked with many diseases in the long term. Sleep deficit affects our metabolism, heart and immune system. Most of all, our mental health is…

Fit & Well

I tried eating more fruit and vegetables and I've never felt less hungry

I always struggle to maintain a calorie deficit, but boosting my plant intake made it easy

The Conversation

Nigeria’s chronic power shortages: mini grids were going to crack the problem for rural people, but they haven’t. Here’s why

Electricity is a scarce commodity in Nigeria. With just over 4,000 megawatts supplying nearly 220 million people, the electricity access deficit stands at about 40% nationwide. The picture looks even darker in rural areas. There, 73% of the population is off the power grid.

Motorsport

London E-Prix: Evans cuts points deficit with pole, Cassidy only 17th

Mitch Evans claimed pole for this weekend’s first London E-Prix, reducing the points gap to Jaguar team-mate and Formula E championship leader Nick Cassidy, who will start down in 17th.

Barchart

Coffee Prices Retreat as Brazil's Coffee Harvest Picks Up Pace

September arabica coffee (KCU24 ) today is down -3.70 (-1.54%), and Sep ICE robusta coffee (RMU24 ) is down -10 (-0.22%). Coffee prices today fell to 1-week lows and are moderately lower. Coffee harvest pressures in Brazil are negative for prices after Safras & Mercado reported today that Brazil's 2024/25...

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